News Date: 04/24/2008
This week the Ag Carbon Markets Working Group (ACMWG) launched
http://www.agcarbonmarkets.com as a resource tool for the agriculture community. The website is geared towards helping farmers understand the potential financial benefits of climate legislation pending before Congress.
"Our website will help farmers better understand the value of agriculture offsets like methane capture and soil carbon sequestration," said Laura Sands, coordinator of the Ag Carbon Markets Working Group. "This is an opportunity for the ag community to find new revenue streams that help their pocket books while protecting the environment."
Current estimates of U.S. greenhouse gas markets indicate that U.S. farms have the potential to mitigate as much as 40% of the United States' total climate impact with practices such as soil carbon sequestration or methane capture.
The Ag Carbon Markets Working Group (ACMWG) was developed through a process of collaboration between Environmental Defense Fund, concerned farmers and industry experts. ACMWG has spent two years studying and addressing potential carbon offset markets for agriculture that could result from national policy and works cooperatively with other entities interested in seeing carbon markets for agriculture. (Contact: Charlie Ingram)
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